Disclosure

I am invested in Wockhardt since Rs. 1027 levels. I have bought more progressively till Rs. 1753. I continue to hold this stock. Please read the disclaimer.

P.S. I had studied this at Rs. 400 levels but held back from investing because I did not have clarity on a couple of questions which I thought to be pertinent. I later entered because I got my answers. Missed the initial jump, but that’s alright.

Its better to follow a process and lose some potential profits as compared to losing your shirt in an investment.

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I think not Uma. The core business needs some serious repair. The US FDA has hit them with a sledgehammer. It will take a while. More importantly, credibility needs to go up for valuations to higher even if business improves. So, first business improvement and then repaired credibility can help them.